Manager, Actuarial & Analytics

Local Jobs Travelers
  • United States, Hartford, CT View on Map
  • Post Date: June 18, 2020
  • Apply Before : July 18, 2020
  • Share:

Job Description

Company Information

Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.


Target Openings

1


Job Description Summary

The Business Insurance (BI) Actuarial Auto Product Auto team is looking for an individual to assist with implementation of a benchmark model for new proprietary product TCAP (Travelers commercial auto product) across BI. Furthermore, an unconstrained pure premium model (UPP) will also be utilized by the research team to allow for more refined segmentation. This individual will work with IMA and research team to implement UPP based model into benchmark pricing with potential new technology. Other responsibilities in this role include execution and support work related to monitoring and enhancement of existing auto and auto dealer benchmark models. This role offers development in a multi-faceted way as the position will interact with multiple functions within business insurance including analytical research, IT, operations and underwriting. It will provide an opportunity to assist in solving complex problems, advance data and analytics skills as well as enhance auto pricing knowledge and business acumen.


Primary Job Duties & Responsibilities

Strategy:

  • Participate in a lead role in the successful execution and completion of assigned strategic initiatives and projects.
  • Develop solutions to resolve challenges of an initiative.
  • Propose change and innovation in order to improve project team performance and timelines.
  • This position will often participate on cross-unit initiatives and may participate on Enterprise initiatives.

Operational:

  • Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.
  • Support and drive components of unit initiatives. Begin to support broad department initiatives.
  • Take accountability for process efficiencies within assignments.
  • Begin to make proposals in accordance with department practices.
  • Provide support as necessary for initiatives across the Enterprise within the scope of influence.

Communication:

  • Communicates analysis, project results, and other business initiatives to peers and business partners.
  • Communicates technical topics to non-technical audience within the primary working group with guidance from manager.
  • Actively participates and may lead group discussions at the unit level.
  • Creates formal written communication such as memos or presentations with guidance and peer review.
  • Networks and collaborates on ideas and challenges.

Talent:

  • Retention and development of assigned staff.
  • Execute and communicate talent development processes, including performance and personal development goals.
  • Talent assessment recommendations.

Performance management.

  • Mentor less experienced talent across the Enterprise.
  • Onboard new employees and interns in unit.
  • Support various training and skill development initiatives across assigned Segment and the Enterprise.
  • May provide support for recruiting efforts and candidate talent assessment efforts.


Minimum Qualifications

  • Bachelors Degree or equivalent experience required.
  • 2 years of experience in quantitative analysis required.


Education, Work Experience, & Knowledge

  • College degree in STEM related field.
  • Associate Actuarial Credential preferred.
  • Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).
  • 4+ years of quantitative analysis experience preferred.
  • Strong understanding of insurance products and industry.
  • Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
  • Demonstrated ability to manage projects.


Job Specific Technical Skills & Competencies

  • Take ownership of assigned projects and meetings, make recommendations and presents results to business partners.
  • Proficient in Leading Self, exhibiting self-awareness while also effectively managing ambiguity.
  • Initial development of Leading Others, including mentoring/training team members.
  • Initial development of Leading the Business, including actively supporting business goals and being a positive member of the Enterprise culture.
  • Has an in-depth understanding and knowledge of a few basic business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.
  • Able to effectively utilize this business knowledge in developing analytic solutions.
  • Has a foundational perspective of the primary industry and developing trends such as: technology, analytic methodology, products and performance of competitors.
  • Is familiar with a couple other key business drivers and disciplines.
  • Proactively build and own professional business relationships across the BI&AA community across the Enterprise.
  • Generate and solicit ideas, and begin to build consensus with guidance.
  • Aware of potential conflict and begins to addresses with guidance.
  • Begin to set and manage expectations with business partners for small projects.
  • Evaluate and use appropriate data, tools and methods.
  • Able to perform analytics independently, can effectively plan next steps within analyses with little oversight.
  • May perform technical review of team work product.
  • Able to contribute on more complex analytical work with guidance.


Equal Employment Opportunity Statement

Travelers is an equal opportunity employer.

 

“How to Find a Job” Books

We may earn a commission if you click on some of the links below and make a purchase at no additional cost to you.


How to Find a Job Books

Finding A Remote Job A Complete Guide – 2020 Edition

Finding A Remote Job A Complete Guide - 2020 Edition

Do you have the right kind of job? How should implementation be staged? Where are you prepared to go for a job? What are the main goals of your job club? Is building culture possible with a remote team?

Defining, designing, creating, and implementing a process to solve a challenge or meet an objective is the most valuable role… In EVERY group, company, organization and department.

VIEW BOOK


Breakthrough Remote Job: Earn rewards for answering questions on products you already used and love. Products such as Microsoft, Linkedin, WordPress, Postmates, Samsung Galaxy Phones, Air BnB etc.

Breakthrough Remote Job: Earn rewards for answering questions on products you already used and love. Products such as Microsoft, Linkedin, WordPress, Postmates, Samsung Galaxy Phones, Air BnB etc.

Earn rewards for answering questions on products you already used and love.

Products such as Microsoft, Linkedin, WordPress, Postmates, Samsung Galaxy Phones, Air BnB etc.

I earn weekly for helping WordPress customers with their problems. My job is to reply emails, chat customers and answer questions, most of which we already have answers to in our HUB and forum.

You can join too as it is available to anyone of any age worldwide.

VIEW BOOK


Remote: Office Not Required

Remote: Office Not Required

For too long our lives have been dominated by the ‘under one roof’ Industrial Revolution model of work. That era is now over. There is no longer a reason for the daily roll call, of the need to be seen with your butt on your seat in the office. The technology to work remotely and to avoid the daily grind of commuting and meetings has finally come of age, and bestselling authors Jason Fried and David Heinemeier Hansson are the masters of making it work at tech company 37signals. Remote working is the future – and it is rushing towards us.

VIEW BOOK


Why Working-From-Anywhere-Companies Attract the Best Talent: A Guide for Companies, Employees and Remote Job Seekers

Why Working-From-Anywhere-Companies Attract the Best Talent: A Guide for Companies, Employees and Remote Job Seekers

If your dream job is not related to a location, an office or a cubicle farm, then this book is for you. Look at a job in a totally new way and start enjoying life while being more productive.

Employers will like this book and embrace working-from-anywhere to have more engaged employees, attract top talent and save big on the bottom line.

VIEW BOOK


Read More

Other jobs you may like

Manager, Actuarial & Analytics

Local Jobs Travelers
  • United States, Hartford, CT View on Map
  • Post Date: June 10, 2020
  • Apply Before : July 10, 2020
  • Share:

Job Description

Company Information

Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.


Target Openings

1


Job Description Summary

The Manager, Actuarial and Analytics is an analytic leadership role that encompasses the shared responsibility of project and strategic execution with actuarial, analytic and business partners, in addition to assigned operational assignments which may include reserving, rate-making, pricing, planning/forecasting, project management and research. The individual in this role is expected to be an influential member of project teams, providing analytical insights and recommendations to leadership and Business unit partners. The Manager, Actuarial and Analytics will work on complex assignments requiring specialized knowledge and expertise in breadth and/or depth in one or more of the following areas: Actuarial and/or research methods Advanced statistical analyses Solid business knowledge.


Primary Job Duties & Responsibilities

Strategy:

  • Participate in a lead role in the successful execution and completion of assigned strategic initiatives and projects.
  • Develop solutions to resolve challenges of an initiative.
  • Propose change and innovation in order to improve project team performance and timelines.
  • This position will often participate on cross-unit initiatives and may participate on Enterprise initiatives.

Operational:

  • Independently perform actuarial and analytic analyses to solve business problems and apply judgment appropriately.
  • Support and drive components of unit initiatives. Begin to support broad department initiatives.
  • Take accountability for process efficiencies within assignments.
  • Begin to make proposals in accordance with department practices.
  • Provide support as necessary for initiatives across the Enterprise within the scope of influence.

Communication:

  • Communicates analysis, project results, and other business initiatives to peers and business partners.
  • Communicates technical topics to non-technical audience within the primary working group with guidance from manager.
  • Actively participates and may lead group discussions at the unit level.
  • Creates formal written communication such as memos or presentations with guidance and peer review.
  • Networks and collaborates on ideas and challenges.

Talent:

  • Retention and development of assigned staff.
  • Execute and communicate talent development processes, including performance and personal development goals.
  • Talent assessment recommendations.

Performance management.

  • Mentor less experienced talent across the Enterprise.
  • Onboard new employees and interns in unit.
  • Support various training and skill development initiatives across assigned Segment and the Enterprise.
  • May provide support for recruiting efforts and candidate talent assessment efforts.


Minimum Qualifications

  • Bachelors Degree or equivalent experience required.
  • 2 years of experience in quantitative analysis required.


Education, Work Experience, & Knowledge

  • College degree in STEM related field.
  • Associate Actuarial Credential preferred.
  • Strong PC skills (MS Office) and programming skills (eg. SQL, SAS).
  • 4+ years of quantitative analysis experience preferred.
  • Strong understanding of insurance products and industry.
  • Demonstrated ability in actuarial and quantitative analysis and statistical concepts.
  • Demonstrated ability to manage projects.


Job Specific Technical Skills & Competencies

  • Take ownership of assigned projects and meetings, make recommendations and presents results to business partners.
  • Proficient in Leading Self, exhibiting self-awareness while also effectively managing ambiguity.
  • Initial development of Leading Others, including mentoring/training team members.
  • Initial development of Leading the Business, including actively supporting business goals and being a positive member of the Enterprise culture.
  • Has an in-depth understanding and knowledge of a few basic business drivers and disciplines such as: underwriting, products, reinsurance, distribution, sales, operations, risk control, claim, and financials.
  • Able to effectively utilize this business knowledge in developing analytic solutions.
  • Has a foundational perspective of the primary industry and developing trends such as: technology, analytic methodology, products and performance of competitors.
  • Is familiar with a couple other key business drivers and disciplines.
  • Proactively build and own professional business relationships across the BI&AA community across the Enterprise.
  • Generate and solicit ideas, and begin to build consensus with guidance.
  • Aware of potential conflict and begins to addresses with guidance.
  • Begin to set and manage expectations with business partners for small projects.
  • Evaluate and use appropriate data, tools and methods.
  • Able to perform analytics independently, can effectively plan next steps within analyses with little oversight.
  • May perform technical review of team work product.
  • Able to contribute on more complex analytical work with guidance.


Equal Employment Opportunity Statement

Travelers is an equal opportunity employer.

 

“How to Find a Job” Books

We may earn a commission if you click on some of the links below and make a purchase at no additional cost to you.


How to Find a Job Books

Finding A Remote Job A Complete Guide – 2020 Edition

Finding A Remote Job A Complete Guide - 2020 Edition

Do you have the right kind of job? How should implementation be staged? Where are you prepared to go for a job? What are the main goals of your job club? Is building culture possible with a remote team?

Defining, designing, creating, and implementing a process to solve a challenge or meet an objective is the most valuable role… In EVERY group, company, organization and department.

VIEW BOOK


Breakthrough Remote Job: Earn rewards for answering questions on products you already used and love. Products such as Microsoft, Linkedin, WordPress, Postmates, Samsung Galaxy Phones, Air BnB etc.

Breakthrough Remote Job: Earn rewards for answering questions on products you already used and love. Products such as Microsoft, Linkedin, WordPress, Postmates, Samsung Galaxy Phones, Air BnB etc.

Earn rewards for answering questions on products you already used and love.

Products such as Microsoft, Linkedin, WordPress, Postmates, Samsung Galaxy Phones, Air BnB etc.

I earn weekly for helping WordPress customers with their problems. My job is to reply emails, chat customers and answer questions, most of which we already have answers to in our HUB and forum.

You can join too as it is available to anyone of any age worldwide.

VIEW BOOK


Remote: Office Not Required

Remote: Office Not Required

For too long our lives have been dominated by the ‘under one roof’ Industrial Revolution model of work. That era is now over. There is no longer a reason for the daily roll call, of the need to be seen with your butt on your seat in the office. The technology to work remotely and to avoid the daily grind of commuting and meetings has finally come of age, and bestselling authors Jason Fried and David Heinemeier Hansson are the masters of making it work at tech company 37signals. Remote working is the future – and it is rushing towards us.

VIEW BOOK


Why Working-From-Anywhere-Companies Attract the Best Talent: A Guide for Companies, Employees and Remote Job Seekers

Why Working-From-Anywhere-Companies Attract the Best Talent: A Guide for Companies, Employees and Remote Job Seekers

If your dream job is not related to a location, an office or a cubicle farm, then this book is for you. Look at a job in a totally new way and start enjoying life while being more productive.

Employers will like this book and embrace working-from-anywhere to have more engaged employees, attract top talent and save big on the bottom line.

VIEW BOOK


Read More

Other jobs you may like